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E.I.D. Parry (India) to invest up to Rs 350 crore in Parry Sugars Refinery India

27 May 2025 Evaluate

E.I.D. Parry (India) has received approval for investment in the shares of M/s Parry Sugars Refinery India (PSRIPL), the wholly owned subsidiary of the company, up to an amount not exceeding Rs 350 crore in one or more tranches. 

The investment would help inter alia in the reduction of debt/ improvement of the net worth of PSRIPL. The Investment will be tentatively completed by August 31, 2025. The Board of Directors of the company at their Meeting held on May 27, 2025, has approved the same.

E.I.D. Parry (India) is a listed company engaged in the business of Sugar and Nutraceuticals.


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